(1) This Act may be called the 1[Maharashtra Forward Contracts Control Act].
(2) This section shall come into force at once.
(3) The Provincial Government may by notification in the Official Gazette direct that all the remaining sections other than sections 4, 5 and 7 shall come into force in the whole of the Province of Bombay or such part thereof and on such date and in their application to such goods as may be specified in the notification.
(4) The Provincial Government may also by notification in the Official Gazette direct that section 4, 5 or 7 shall come into force in the whole of the Province of Bombay or such part thereof and on such date and in its application to such goods as may be specified in the notification.
(2) This section shall come into force at once.
(3) The Provincial Government may by notification in the Official Gazette direct that all the remaining sections other than sections 4, 5 and 7 shall come into force in the whole of the Province of Bombay or such part thereof and on such date and in their application to such goods as may be specified in the notification.
(4) The Provincial Government may also by notification in the Official Gazette direct that section 4, 5 or 7 shall come into force in the whole of the Province of Bombay or such part thereof and on such date and in its application to such goods as may be specified in the notification.
Source footnotes
1 Short title "Bombay forward contracts control Act, 1947 was amended as" Maharashtra forward contracts control Act, 1947, by Mah. 24 of 2012, s.3, schedule, entry 30, w.e.f. 1st May 1960.आगे पढ़ें / Continue reading
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More sections of this act
Section 2 · Definitions.Section 3 · Recognition.Section 4 · Power of Provincial Government to supersede the governing body, and suspend business.Section 5 · Power of Provincial Government to make rules and add to, etc., articles of association.Section 6 · Power of recognised association to make, add to, vary or rescind bye-laws.Section 7 · Power of Provincial Government to make bye-laws.Section 8 · Illegal contracts and penalty.Section 9 · Options in goods illegal.India Code, Government of India. Text fetched 19 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.